What is Toronet?
Tórónet is a groundbreaking modular layer-1 blockchain protocol designed to address the financial needs of underbanked and unbanked communities worldwide, with a particular focus on emerging economies. While initially developed to tackle the unique challenges in African markets, Tórónet’s innovative design and functionality make it equally applicable across the globe. Since its mainnet launch in August 2022, the protocol has demonstrated its scalability and efficiency, enabling over 26 active projects centered on real-world assets (RWAs) with proven revenues. Tórónet integrates cutting-edge blockchain technology to provide a robust foundation for Decentralized Finance (DeFi) applications, supporting stablecoins in multiple currencies (USD, EUR, GBP, EGP, KES, NGN, ZAR), payment gateways, low-fee microtransactions, and accessible tools like wallets and apps available on the Play Store. With no whales or venture capital influence, Tórónet delivers fast, scalable transactions and empowers local communities by integrating RWAs into DeFi ecosystems, fostering sustainable economic growth.
